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Dec - Energy - Coggle Diagram
Dec - Energy
Renewable Energy
India
most attractive destination
for Investment in renewable sector
since last 6 years
witnessed
20% CAGR growth
in renewable generation
since FY16
total electricity generation
4.3% growth
Interventions
waiver of Inter-State
transmission charges
for sale of solar and wind power
renewable purchase obligation (RPO)
focus on
maintaining the sanctity of contracts
permitting FDI
in the renewable sector
Increased Focus
Globally, renewables
expected to overtake coal
become
largest source of electricity generation in 2025
supply 1/3rd of world´s electricity
climate change
confronting countries
transition to renewable power
becomes necessary
and compelling option
Power Subsidies
needed either
to promote goods and services
that have greater
social/environmental welfare
or access to basis
levels of consumption
for those who cannot afford them
According to CEEW and IISD study
India spends about $39.5 billion annualy
to subsidise
energy production and consumption
target beneficiaries
not assessed properly
subsidies end up
being wasted
difference between
good and bad subsidies
lies in balance btw
social welfare and
political patronage.